Big banks who are anticipating losses from the expected new debit-card processing rule include Regions Financial (NYSE:RF), which faces the biggest hit as a percentage of earnings, possibly 4 percent; JPMorgan (NYSE:JPM), and Wells Fargo (NYSE:WFC). The new requirements include the processing of debit card transactions in the order they occur, as opposed to largest to smallest.

Germany gets trendy, as it now might also have its own financial scandal: German prosecutors open an inquiry of the head of Morgan Stanley’s (NYSE:MS) German division, Dirk Notheis, who is currently on leave, and his interactions with the former premier of a German state. The target of the investigation is that state’s purchase of shares in a German utility, and emails implying improper insider ties between the banker and the politician(NYSE:S).

Citigroup (NYSE:C) introduces its Client Segregation Transparency Initiative, in reaction to a pattern among brokerages that seem to treat the idea of segregated client accounts as little more than a might-do-sometime thing. Bank officials comment that, “No other clearing member provides this level of disclosure to its clients.”